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Published on 4/22/2019 in the Prospect News Structured Products Daily.

New Issue: Citigroup sells $171,000 autocallable securities on S&P, Russell

By Marisa Wong

Morgantown, W.Va., April 22 – Citigroup Global Markets Holdings Inc. priced $171,000 of 0% autocallable securities due April 1, 2022 linked to the worst performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Global Markets Inc.

The notes are called at par plus a premium of 9.5% per year if each asset closes at or above its initial level on any quarterly call determination date after one year.

The payout at maturity will be par unless any underlying asset finishes below its 70% trigger level, in which case investors will be fully exposed to any losses of the worst performing asset.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Global Markets Inc.
Issue:Autocallable securities
Underlying assets:S&P 500 index, Russell 2000 index
Amount:$171,000
Maturity:April 1, 2022
Coupon:0%
Price:Par
Payout at maturity:Par unless any underlying asset finishes below its trigger value, in which case full exposure to any losses of the worst performing asset
Call:At par plus a premium of 9.5% per year if each asset closes at or above its initial value on any quarterly call determination date after one year
Initial values:2,834.40 for S&P, 1,539.739 for Russell
Trigger values:1,984.080 for S&P, 1,077.817 for Russell; 70% of initial values
Pricing date:March 29
Settlement date:April 3
Agent:Citigroup Global Markets Inc.
Fees:1%
Cusip:17326YK88

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